Civic Intelligence

Odyssey 2020 Academy Inc.

990 • Fiscal year 2023 • EIN 76-0577257

Jul 01, 2022 to Jun 30, 2023 • Filed on May 13, 2024

Organization ProfileWWW.ODYSSEY-ACADEMY.COM
2412 61st StreetGalveston, TX 77551

(409) 750-9289

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.92x

Higher debt load relative to assets than 90% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

86th percentile

2.38x

Higher debt load relative to revenue than 86% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

27th percentile

-3.9%

Higher net margin than 27% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

17th percentile

$177,793

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Asset Growth

97th percentile

102%

Faster asset growth than 97% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

27th percentile

-7.5%

Faster revenue growth than 27% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$50,181,036

Up $25,387,901 (+102%) from 2022

Net Assets

Down

$3,997,448

Down $1,521,056 (-28%) from 2022

Liabilities

Up

$46,183,588

Up $26,908,957 (+140%) from 2022

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin27th percentile

Revenue

Down

$19,392,560

Down $1,575,247 (-7.5%) from 2022

Expenses

Up

$20,146,106

Up $394,598 (+2.0%) from 2022

Net Income

Down

-$753,546

Down $1,969,845 (-162%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $18,328,707Liabilities 2011: $15,358,557Net Assets 2011: $2,970,1502011Assets 2012: $18,683,497Liabilities 2012: $15,183,307Net Assets 2012: $3,500,1902012Assets 2013: $18,952,449Liabilities 2013: $15,581,435Net Assets 2013: $3,371,0142013Assets 2014: $18,400,018Liabilities 2014: $15,343,363Net Assets 2014: $3,056,6552014Assets 2015: $21,461,605Liabilities 2015: $18,831,163Net Assets 2015: $2,630,4422015Assets 2016: $21,631,302Liabilities 2016: $19,031,215Net Assets 2016: $2,600,0872016Assets 2017: $21,162,168Liabilities 2017: $18,706,345Net Assets 2017: $2,455,8232017Assets 2018: $20,819,179Liabilities 2018: $18,528,671Net Assets 2018: $2,290,5082018Assets 2019: $20,580,908Liabilities 2019: $17,928,273Net Assets 2019: $2,652,6352019Assets 2020: $22,963,087Liabilities 2020: $19,382,646Net Assets 2020: $3,580,4412020Assets 2021: $23,994,459Liabilities 2021: $19,692,254Net Assets 2021: $4,302,2052021Assets 2022: $24,793,135Liabilities 2022: $19,274,631Net Assets 2022: $5,518,5042022Assets 2023: $50,181,036Liabilities 2023: $46,183,588Net Assets 2023: $3,997,4482023Assets 2024: $47,899,876Liabilities 2024: $47,041,778Net Assets 2024: $858,0982024

Highlighted filing

2023

Assets$50,181,036
Liabilities$46,183,588
Net Assets$3,997,448
Open 2023 Filing

Operations Trend

Revenue Growth27th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $6,424,345Expenses 2011: $6,106,639Net Income 2011: $317,7062011Revenue 2012: $6,768,115Expenses 2012: $6,238,075Net Income 2012: $530,0402012Revenue 2013: $6,560,499Expenses 2013: $6,611,405Net Income 2013: -$50,9062013Revenue 2014: $7,138,690Expenses 2014: $7,384,568Net Income 2014: -$245,8782014Revenue 2015: $7,745,925Expenses 2015: $8,201,808Net Income 2015: -$455,8832015Revenue 2016: $9,910,168Expenses 2016: $10,093,814Net Income 2016: -$183,6462016Revenue 2017: $11,080,196Expenses 2017: $11,224,460Net Income 2017: -$144,2642017Revenue 2018: $11,538,417Expenses 2018: $11,703,732Net Income 2018: -$165,3152018Revenue 2019: $12,924,933Expenses 2019: $12,572,944Net Income 2019: $351,9892019Revenue 2020: $15,020,552Expenses 2020: $14,263,029Net Income 2020: $757,5232020Revenue 2021: $17,751,222Expenses 2021: $17,029,458Net Income 2021: $721,7642021Revenue 2022: $20,967,807Expenses 2022: $19,751,508Net Income 2022: $1,216,2992022Revenue 2023: $19,392,560Expenses 2023: $20,146,106Net Income 2023: -$753,5462023Revenue 2024: $20,281,684Expenses 2024: $23,147,670Net Income 2024: -$2,865,9862024

Highlighted filing

2023

Revenue$19,392,560
Expenses$20,146,106
Net Income-$753,546
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 13, 2024
Return Version
2022v5.0
Gross Receipts
$19,392,560
Mission and Program Overview

Mission

Odyssey academy is a public charter school, commissioned by the texas education agency. We educate children in galveston and harris counties, aged 3 years old through high school, with an intentional focus in math, science and technology.

Odyssey academy is a public charter school, commissioned by the texas education agency. We educate children in galveston and harris counties, aged 3 years old through high school, with an intentional focus on math, science and technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,479,284$23,053,851▲ $6,574,567
Cash and Non-Interest-Bearing Accounts$1,968,487$3,541,439▲ $1,572,952
Pledges and Grants Receivable$2,883,919$2,950,737▲ $66,818
Prepaid Expenses and Deferred Charges$5,545$35,980▲ $30,435
Accounts Receivable$30,328$13,169▼ $17,159
Total Assets$24,793,135$50,181,036▲ $25,387,901
Other Assets Total$3,425,572$20,585,860▲ $17,160,288
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,403,073$33,605,861▲ $27,202,788
Tax Exempt Bond Liabilities$11,390,000$11,340,000▼ $50,000
Accounts Payable and Accrued Expenses$1,275,009$1,147,811▼ $127,198
Other Liabilities$206,549$89,916▼ $116,633
Total Liabilities$19,274,631$46,183,588▲ $26,908,957
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,355,079$3,698,882▼ $1,656,197
Net Assets With Donor Restrictions$163,425$298,566▲ $135,141
Total Net Assets Fund Balance$5,518,504$3,997,448▼ $1,521,056
Total Liabilities and Net Assets / Fund Balance$24,793,135$50,181,036▲ $25,387,901

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,882,397$7,662,321$18,544,718
Land$9,966,350-$9,966,350
Other Land Buildings$2,205,104$829,869$3,034,973
Other Assets Org$6,350,975--
Compensation and Service Providers
Top Officer Pay17th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer GoodmanSuperintendentFT$177,793$177,793
Matthew ShermanBusiness OfficerFT$124,268$124,268

Board Members and Trustees

NameTitle
George W S AbbeyBoard President
Neal G MatlockVice President
Dr Cissy MatthewsBoard Member
Lauren Suderman MilloBoard Member
Michael BodzionyBoard Member
Rob KelsoBoard Member
Robert SimpsonBoard Member
Vanessa JohnsonBoard Member
Doug MatthewsSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Jmk5 Mall Of The Mainland LLCBuilding Lease308 WEST PARKWOOD AVE SUITE 104A, Friendswood, TX 77546$824,433
Glazier Foods CompanyChild Nutrition Food Expense11303 ANTONINE DRIVE, Houston, TX 77066$322,718
Heb Grocery Co LPBuilding LeaseDEPT 888 PO BOX 4346, Houston, TX 77210$200,525
Lenovo FinancialEquipment Financing21719 NETWORK PLACE, Chicago, IL 60673$170,735
Marlin Business BankEquipment FinancingPO BOX 13604, Philadelphia, PA 19101$145,114
Revenue and Support

Revenue Composition

Contributions and Grants
$18,629,651
Program Service Revenue
$762,909
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-753,546

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,392,560
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$19,392,560
Total Revenue per Form 990
$19,392,560
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,167,840
Other Expenses$7,978,266
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,996,326$1,667,365-$10,663,691
Occupancy$49,690$1,186,574-$1,236,264
Other Employee Benefits$985,793$216,296-$1,202,089
Interest-$1,008,797-$1,008,797
All Other Expenses$184,564$756,504-$941,068
Depreciation Depletion-$773,136-$773,136
Other Expenses$253,867$128,046-$381,913
Insurance-$337,013-$337,013
Current Officers, Directors, Trustees, and Key Employees-$302,060-$302,060
Travel$116,370$36,793-$153,163
Fees for Services Other-$57,041-$57,041
Total Functional Expenses$11,269,620$8,876,486$0$20,146,106

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$20,146,106
Total Expenses per Audited Statements$20,146,106
Total Expenses per Form 990$20,146,106
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$89,916

Bond Issues

BondIssuerIssuedIssue PricePurpose
BTaxable Education Revenue Refunding Bonds1932-06-15$23,940,000Purpose constructing and renovating educational facilities.
AArlington Higher Ed Fc2015-03-12$11,689,558Capital improvements/refunding
CEducation Revenue Refunding Bonds2023-06-15$1,060,000Purpose to pay cost of bond issuance.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$23,940,000---
A$11,689,558--$233,791
C$1,060,000---

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The academy distributes the 990 at the board meeting or electronically depending on the timing of the 990 completion.”

Form 990, Part VI, Section B, Line 12C

“The academy conducts an annual survey of board members, as well as an annual review of the policy.”

Form 990, Part VI, Section B, Line 15

“The superintendent's and business officer's salary, bonus and performance measures are developed, discussed and approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“The academy's governing documents, policies, and financial statements are provided upon request.”

Filing and Contact Details

Filer

Filer Name
Odyssey Academy
EIN
76-0577257
Phone
4097509289
Address
2412 61ST STREET, GALVESTON, TX 77551

Signing Officer

Name
Jennifer Goodman
Title
Superintendent
Phone
4097509289
Signed
2024-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Goodman
Formed
1999
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
303
Volunteers
117

Preparer

Firm
Mcconnell & Jones Llp
Address
4828 LOOP CENTRAL DRIVE SUITE 1000, HOUSTON, TX 77081
Preparer
Tene Thomas
Phone
7139681600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Loss on extinguishment of debt -101,471. Loss (gain) on sale of property -4,824. Loss on asset adjustment -661,215.”

Form 990, Part XII, Lines 2C

“The organization has not changed either its oversight process or selection process during the tax year.”

Raw XML AppendixShowing 400 of 634 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SUPERINTENDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10BUSINESS OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt018629651
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt019392560
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0337013
IRS990/InsuranceGrp/TotalAmt0337013
IRS990/InterestGrp/ManagementAndGeneralAmt01008797
IRS990/InterestGrp/TotalAmt01008797
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt026
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08492190
IRS990/LandBldgEquipBasisNetGrp/BOYAmt016479284
IRS990/LandBldgEquipBasisNetGrp/EOYAmt023053851
IRS990/LandBldgEquipCostOrOtherBssAmt031546041
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ODYSSEY ACADEMY IS A PUBLIC CHARTER SCHOOL, COMMISSIONED BY THE TEXAS EDUCATION AGENCY. WE EDUCATE CHILDREN IN GALVESTON AND HARRIS COUNTIES, AGED 3 YEARS OLD THROUGH HIGH SCHOOL, WITH AN INTENTIONAL FOCUS IN MATH, SCIENCE AND TECHNOLOGY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06403073
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt033605861
IRS990/NetAssetsOrFundBalancesBOYAmt05518504
IRS990/NetAssetsOrFundBalancesEOYAmt03997448
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05355079
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03698882
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01186574
IRS990/OccupancyGrp/ProgramServicesAmt049690
IRS990/OccupancyGrp/TotalAmt01236264
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03425572
IRS990/OtherAssetsTotalGrp/EOYAmt020585860
IRS990/OtherChangesInNetAssetsAmt0-767510
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0216296
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0985793
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01202089
IRS990/OtherExpensesGrp/Desc0CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc1AMORTIZATION EXPENSE-LE
IRS990/OtherExpensesGrp/Desc2FOOD SERVICE
IRS990/OtherExpensesGrp/Desc3SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0976185
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1831129
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2599547
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3128046
IRS990/OtherExpensesGrp/ProgramServicesAmt0655572
IRS990/OtherExpensesGrp/ProgramServicesAmt127438
IRS990/OtherExpensesGrp/ProgramServicesAmt2253867
IRS990/OtherExpensesGrp/TotalAmt01631757
IRS990/OtherExpensesGrp/TotalAmt1831129
IRS990/OtherExpensesGrp/TotalAmt2626985
IRS990/OtherExpensesGrp/TotalAmt3381913
IRS990/OtherLiabilitiesGrp/BOYAmt0206549
IRS990/OtherLiabilitiesGrp/EOYAmt089916
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01667365
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt08996326
IRS990/OtherSalariesAndWagesGrp/TotalAmt010663691
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02883919
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02950737
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05545
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt035980
IRS990/PrincipalOfficerNm0JENNIFER GOODMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0OTHER REVENUES FROM LOCAL SOURCES
IRS990/ProgramServiceRevenueGrp/Desc1REVENUE FROM COCURRICULAR & ENTER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0560784
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1202125
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0560784
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1202125
IRS990/ProgSrvcAccomActy2Grp/Desc0INSTRUCTIONAL AND SCHOOL LEADERSHIP - THESE ARE EXPENSES RELATED TO MANAGING, DIRECTING, SUPERVISING, AND LEADING STAFF MEMBERS WHO PROVIDE INSTRUCTION OR INSTRUCTION-RELATED SERVICES. THESE EXPENSES ARE ALSO FOR COSTS RELATED TO THE GENERAL MANAGEMENT AND LEADERSHIP OF A SCHOOL CAMPUS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01438195
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt019865147
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt07379336
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01102660
IRS990/PYRevenuesLessExpensesAmt01216299
IRS990/PYSalariesCompEmpBnftPaidAmt012372172
IRS990/PYTotalExpensesAmt019751508
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt020967807
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-753546
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0762909
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt010882397
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07662321
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018544718
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt020146106
IRS990ScheduleD/LandGrp/BookValueAmt09966350
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt09966350
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02198831
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11361869
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt287500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt39500000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt41086685
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt56350975
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED CASH DEBT SERVICES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED CASH FUTURE DEBT SERVICES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RENT DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3CAPITAL PROJECT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4RIGHT OF USE ASSETS - FINANCING
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5RIGHT OF USE ASSETS - OPERATING
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02205104
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0829869
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03034973
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt089916
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt019392560
IRS990ScheduleD/TotalBookValueLandBuildingsAmt023053851
IRS990ScheduleD/TotalBookValueOtherAssetsAmt020585860
IRS990ScheduleD/TotalExpensesPerForm990Amt020146106
IRS990ScheduleD/TotalLiabilityAmt089916
IRS990ScheduleD/TotalRevenuePerForm990Amt019392560
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt019392560
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt020146106
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ODYSSEY ACADEMY OPERATES AS A PUBLIC CHARTER SCHOOL IN TEXAS AND, AS SUCH, RECEIVES REVENUE FROM THE TEXAS EDUCATION AGENCY AND RELATED STATE AND FEDERAL AGENCIES AS ENTITLEMENTS AND/OR GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0177793
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,181,036
Liabilities
$46,183,588
Net assets
$3,997,448
Revenue
$19,392,560
Expenses
$20,146,106
Net income
-$753,546
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$47.9$47.0$0.86$20.3$23.1$2.87
2023Detailed filing. Detailed filing data is available for this year.$50.2$46.2$4.00$19.4$20.1$0.75
2022Detailed filing. Detailed filing data is available for this year.$24.8$19.3$5.52$21.0$19.8$1.22
2021Detailed filing. Detailed filing data is available for this year.$24.0$19.7$4.30$17.8$17.0$0.72
2020Detailed filing. Detailed filing data is available for this year.$23.0$19.4$3.58$15.0$14.3$0.76
2019Summary only. Only limited summary data is available for this year.$20.6$17.9$2.65$12.9$12.6$0.35
2018Summary only. Only limited summary data is available for this year.$20.8$18.5$2.29$11.5$11.7$0.17
2017Summary only. Only limited summary data is available for this year.$21.2$18.7$2.46$11.1$11.2$0.14
2016Summary only. Only limited summary data is available for this year.$21.6$19.0$2.60$9.91$10.1$0.18
2015Summary only. Only limited summary data is available for this year.$21.5$18.8$2.63$7.75$8.20$0.46
2014Summary only. Only limited summary data is available for this year.$18.4$15.3$3.06$7.14$7.38$0.25
2013Summary only. Only limited summary data is available for this year.$19.0$15.6$3.37$6.56$6.61$0.05
2012Summary only. Only limited summary data is available for this year.$18.7$15.2$3.50$6.77$6.24$0.53
2011Summary only. Only limited summary data is available for this year.$18.3$15.4$2.97$6.42$6.11$0.32